Category Archives: FERC

FERC Commissioners Receive ISO/RTO Gas-Electric Coordination Reports at Open Meeting, Significant Issues Remain

Posted on May 20, 2013 by Cadwalader

By Gregory Lawrence, Terence Healey and Ryan Norfolk As natural gas prices have decreased in the United States, electricity market operators’ reliance on gas-fired generation to serve consumers’ needs has steadily increased. This increased reliance has sharpened the focus on … Continue reading →

Posted in FERC, Oil & Gas, Power, Regulation

SAVE THE DATE: 2013 Energy & Commodities Conference

Posted on April 24, 2013 by Cadwalader

Cadwalader, Wickersham & Taft LLP will be hosting its annual Energy & Commodities Conference in Houston, Texas. This complimentary day and half program will feature informative presentations and panel discussions on the evolving regulatory, business, and legal issues affecting the … Continue reading →

Posted in Announcement, CFTC, Commodity Trading, Distressed Energy, Dodd-Frank, Energy Infrastructure, Enforcement and Investigations, ERCOT, Events, FERC, Finance, Oil & Gas, Power, PUCT, Regulation, Renewables

Futures & Derivatives Law Report: Energy Commodities – The Netherworld Between FERC and CFTC Jurisdiction

Posted on March 29, 2013 by Cadwalader

Paul J. Pantano, Jr., Terence Healey, and Joseph Williams authored an article entitled, “Energy Commodities – The Netherworld Between FERC and CFTC Jurisdiction” in the March issue of Futures & Derivatives Law Report. To view the full article, click here.

Posted in Articles, CFTC, Enforcement and Investigations, FERC, Oil & Gas, Power, Regulation

DC Circuit Court Holds FERC Lacks Jurisdiction in Hunter v. FERC

Posted on March 18, 2013 by Cadwalader

On Friday, March 15, 2013, the United States Court of Appeals for the D.C. Circuit held that “[b]ecause manipulation of natural gas futures contracts falls within the CFTC’s exclusive jurisdiction and because nothing in the Energy Policy Act clearly and … Continue reading →

Posted in Cases, Enforcement and Investigations, FERC, Oil & Gas, Power, Regulation

FERC Grants CAISO Declaratory Order Request and Accepts Reliability Must-Run Agreement

Posted on January 11, 2013 by Cadwalader

By Ken Irvin, Terence Healey and Danielle Schonback On January 4, 2013, FERC granted a petition for declaratory order filed by the California Independent System Operator Corporation (“CAISO”) in late November asking FERC to find that consent by BE CA, … Continue reading →

Posted in FERC, Oil & Gas, Power, Regulation

Inside FERC: Crippling Regulatory Uncertainty, Overstepping Seen in Recent FERC Enforcement Actions

Posted on December 11, 2012 by Cadwalader

The recent spate of high-profile enforcement actions has market players and industry  observers worried that FERC may be overstepping its statutory boundaries in a way that threatens the very health of energy trade. Regulatory uncertainty is another growing concern in … Continue reading →

Posted in FERC, Oil & Gas, Power, Regulation

First Ever Admission of Violation in FERC Manipulation Action

Posted on November 20, 2012 by Cadwalader

On November 19, 2012, FERC approved a settlement agreement between its Office of Enforcement and Gila River Power LLC (“Gila River”) addressing market manipulation claims related to activity in California.  As part of the settlement agreement, Gila River admits to … Continue reading →

Posted in Cases, Enforcement and Investigations, FERC, Power, Regulation

FERC Denies Waiver for Long-Term Capacity Release

Posted on September 18, 2012 by Cadwalader

By Ken Irvin, Joseph Williams and Ryan Norfolk By letter order issued September 17, 2012, FERC denied Columbia Gas Transmission, LLC’s (“Columbia”) request for a waiver of FERC’s regulations restricting long-term capacity release transactions at rates exceeding the maximum applicable … Continue reading →

Posted in FERC, Oil & Gas, Regulation

Cadwalader Advises on Acquisition of AES Eastern Power Plant Assets by Somerset

Posted on July 12, 2012 by Cadwalader

Cadwalader, Wickersham & Taft LLP is pleased to announce the closing on June 29, 2012, of the acquisition by Somerset Cayuga Holding Company, Inc. (“Somerset Cayuga Holding Company”) and its wholly-owned subsidiaries, Somerset Operating Company, LLC and Cayuga Operating Company … Continue reading →

Posted in FERC, Power, Regulation

FERC Approves Final Rule to Integrate Variable Energy Resources

Posted on June 25, 2012 by Cadwalader

The Federal Energy Regulatory Commission (FERC) has issued a final rule that promotes more efficient operation of the transmission system amid increasing integration of variable energy resources and benefits electric consumers by ensuring that services are provided at just and … Continue reading →

Posted in FERC, Power, Regulation